U.S. Treasury removes designation of China as currency manipulator
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WASHINGTON (Reuters) - The U.S. Treasury Department on Monday said China should no longer be designated as a currency manipulator in a long-delayed semi-annual currency report, reversing an August finding that had roiled financial markets.The decision came as a high-level Chinese delegation arrived in Washington ahead of Wednesday's signing of a preliminary trade agreement after over 18 months of debilitating tit-for-tat tariffs that have weighed on global growth.In its report, the Treasury said..